ethe

According to SoSoValue data, the total net outflow of Ethereum spot ETFs is $161 million. The Ethereum spot ETF with the highest single-day net outflow is Blackrock ETF ETHA, with a single-day net outflow of $116 million. Currently, the historical total net inflow of ETHA has reached $12.92 billion.The second is Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $25.76 million. Currently, the historical total net outflow of ETHE has reached $5.467 billion. As of the time of publication, the total net asset value of Ethereum spot ETFs is $16.402 billion, and the ETF net asset ratio (the market value as a percentage of Ethereum's total market value) is 5.22%. The historical cumulative net inflow has reached $13.389 billion.

According to CoinDesk, the Ethereum Glamsterdam upgrade was activated on the Sepolia testnet this Tuesday, increasing the block Gas limit from about 60 million to nearly 200 million, more than tripling the increase.A review of over 25 consecutive test blocks showed that the actual Gas usage was around 52 million to 92 million, accounting for only 26% to 46% of the available limit, with no instances of full capacity. The upgrade also adjusted the Gas consumption method for specific tasks and the costs of storing data, requiring developers to retest applications involving specific Gas cost assumptions. The next public testnet, Hoodi, is tentatively scheduled to launch on October 27, and the activation date for the Ethereum mainnet has yet to be determined.

Tether announced the signing of a Memorandum of Understanding (MoU) with the National Bank of Kazakhstan (NBK) and the Almaty City Administration (ACA), where the three parties will explore cooperation opportunities in areas such as stablecoin applications, asset tokenization, and decentralized finance.

Four-time F1 World Champion and Red Bull Racing driver Max Verstappen participated in a roundtable discussion on the main stage of TOKEN2049 in Singapore. Following this, at the invitation of Gate, he joined platform founder and CEO Dr. Han and teammate Isack Hadjar for an exclusive handprint ceremony. Previously, Max Verstappen engaged with the guests on topics related to racing performance, on-the-spot adjustments, and competition. The subsequent handprint ceremony extended the stage interaction to the Gate on-site event, becoming a special memento left by the three during TOKEN2049. After the handprint ceremony, Max Verstappen and Isack Hadjar also went to the Gate Lounge to participate in a driver meet-and-greet, where they signed autographs, took photos, and interacted with guests.As the official sponsor of the F1 Red Bull Racing team, Gate continues to bring top-tier racing culture into the Web3 industry through various forms such as stage discussions, handprint commemorations, booth interactions, and driver meet-and-greets. This handprint ceremony also became a special segment in the series of interactions between Gate and the F1 Red Bull Racing team during TOKEN2049. Gate will leverage this collaboration to further expand the connection between digital assets and global sports as well as mainstream culture.

Binance's proof of reserves data shows that in September 2026, Binance users' Bitcoin holdings increased by approximately $537 million, with the holding volume rising by 0.91% to about 688,600 coins; during the same period, Ethereum holdings decreased by approximately $499 million, with the balance dropping by 4.61%, USDT holdings decreased by 0.87%, and BNB holdings decreased by 0.77%.Bitcoin is the only major asset with a growth in customer balances. Binance's report did not specify the reasons for this and did not indicate whether the same group of customers sold ETH and bought BTC. In terms of reserves, Binance's coverage ratio of eight assets against customer deposits exceeds 100%; Binance holds approximately 691,000 BTC, corresponding to customer holdings of about 688,600 coins, with a surplus of 0.35%, approximately 2,431 coins, and Ethereum reserves have almost no surplus.

According to The Defiant citing data from Beaconcha.in, the number of active Ethereum validators has decreased by 2.5% over the past 7 days, to approximately 863,000, while the total amount of staked ETH has slightly increased by 0.08%, reaching 43.74 million.The decline in the number of validators is mainly related to the validator merging mechanism after the Pectra upgrade. This upgrade raised the maximum effective balance of a single validator from 32 ETH to 2048 ETH, allowing operators to merge multiple validators without needing to exit staking, thereby reducing network communication and consensus overhead. Currently, approximately 507,000 ETH are in the merging queue, with an expected waiting time of about 5 days and 11 hours.

The prediction market platform Kalshi launched its 15-minute gold contract in August, generating an estimated fee of approximately 5 million dollars in September, nearly double the 2.6 million dollars from Ethereum contracts during the same period. According to Predict Charts data, the gold contract had a trading volume of 542 million contracts that month, surpassing Ethereum's 318 million contracts. Bitcoin remains the dominant market, with estimated fees reaching 60.4 million dollars.The growth of the short-term gold market accompanies the overall expansion of Kalshi's commodities business. The company stated in September that commodity trading volume reached 400 million dollars within seven months, more than four times the trading volume generated by its crypto market in the same period. Kalshi noted that the crypto market demonstrated the potential for new categories on the platform to grow from tens of millions of dollars to billions of dollars in monthly trading volume. Data shows that the 15-minute Bitcoin contract, which will launch in December 2025, became Kalshi's largest market series outside of parlay bets in July; the 15-minute Ethereum contract grew from 6.1 million contracts to 233 million contracts between January and July 2026.The short-term financial market is taking up a larger share of Kalshi's business. Analysis released by InGame shows that in the seven days ending October 5, the 15-minute crypto, commodities, and financial markets generated 20.4 million dollars in fees, accounting for 80% of the platform's non-sports fees during the same period. The analysis also found that the short-term market contributed 13% of Kalshi's trading volume but accounted for 20% of the fees.

According to SoSoValue data, on October 6, Eastern Time, the total net outflow of Ethereum spot ETFs was $202 million. The Ethereum spot ETF with the highest single-day net outflow yesterday was Blackrock ETF ETHA, with a single-day net outflow of $202 million. Currently, the historical total net inflow of ETHA has reached $13.036 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $17.356 billion, and the ETF net asset ratio (the market value as a percentage of the total market value of Ethereum) is 5.27%. The historical cumulative net inflow has reached $13.549 billion.

According to Decrypt, the cross-border payment company Conduit has filed a lawsuit against the stablecoin issuer Tether in the U.S. District Court for the Southern District of New York. Conduit alleges that Tether unilaterally froze $2.76 million worth of USDT in its treasury wallet on September 24, 2025, and has refused to unfreeze it for over a year.The complaint shows that the freeze originated from a Brazilian police investigation into a third party, Onix, but Conduit claims that the wallet in question was created after Onix's last transaction and has never held Onix's funds. The Brazilian police did not mark the address, and the freeze decision was made independently by Tether's T3 Financial Crimes Department.Conduit states that the wallet freeze has caused a severe liquidity crisis, forcing the company to lay off employees and close offices; meanwhile, Tether continues to earn interest on the reserves corresponding to these funds by investing in U.S. Treasury bonds. The lawsuit seeks claims for conversion of property, unjust enrichment, breach of fiduciary duty, and computer fraud, demanding the return of the funds.Recently, Tether has been involved in lawsuits due to on-chain freeze rights, with two Thai businessmen previously suing Tether for freezing $42.4 million in USDT earlier this year. This case has once again sparked controversy in the market regarding Tether's unilateral power to freeze USDT addresses.

The consumer-grade Ethereum Layer 2 network Abstract, supported by Pudgy Penguins' parent company Igloo Inc., announced that it will gradually cease operations and officially shut down its mainnet on December 15, 2026. The official reasons given are stagnation in growth, thin liquidity, limitations in the DeFi ecosystem, and insufficient institutional adoption. Abstract warns users that they must transfer their assets across chains before the shutdown date, or they may lose access to their funds.Abstract stated that the network has deployed over 144 applications and has attracted more than 400,000 users through consumer-grade collaborations with brands such as Red Bull Racing and Disney. However, significant changes have occurred in the industry since the project's conception, and the independent chain model focused on consumer-grade crypto has ultimately proven difficult to sustain. Igloo has continuously funded Abstract for the past 18 months, with CEO Luca Netz revealing that cumulative losses have reached tens of millions of dollars. Igloo is now redirecting resources towards Pudgy Penguins and PENGU.In July 2024, Igloo completed a financing round of over $11 million led by Founders Fund, aimed at developing Abstract and leveraging Pudgy Penguins' distribution capabilities to bring consumers on-chain. The network launched its mainnet in January 2025. Netz stated that Igloo ultimately decided not to issue Abstract tokens and would not continue funding the network at the expense of Pudgy Penguins' business.

The cross-border payment company Conduit has filed a lawsuit in the Southern District of New York Federal Court, accusing the stablecoin issuer Tether of freezing its $2.76 million in funds and refusing to unfreeze or provide any explanation. Conduit states that its USDT has been locked for over a year. The complaint claims, "Conduit owes no money to Tether and has no obligations to Tether."Conduit uses stablecoins, including Tether's USDT and Circle's USDC, to transfer funds across more than 100 countries. The lawsuit states that the wallet frozen by Tether is equivalent to Conduit's "operating bank account." This freeze reportedly stems from an investigation involving Conduit's former client Onix Intermediações, which was received by the Brazilian Federal Police. However, Conduit claims that law enforcement has confirmed it never requested the freezing of the payment service provider's funds wallet, and it is unclear why Tether took action; a Brazilian court also confirmed that Conduit is not under investigation related to the Onix Intermediações case.According to the complaint, Onix has not used the Conduit platform since April 2025, about a month before the creation of that funds wallet, and that wallet has never held any funds from Onix. Since the wallet is used to support company operations, Conduit states that its business has been affected, while Tether continues to earn interest on the reserves behind the frozen USDT.

According to research data from CoinDesk, the market capitalization of Ripple's USD stablecoin RLUSD reached $2.37 billion in September 2026.Data shows that in June of this year, the supply of RLUSD on the XRP Ledger (XRPL) network surpassed that on Ethereum for the first time, accounting for 52% of the total supply, while Ethereum's network accounted for 48%. This change indicates that the liquidity of RLUSD is increasingly shifting towards Ripple's native settlement infrastructure, XRPL.

The Ethereum re-staking protocol ether.fi announced the launch of the dollar-pegged stablecoin ether.fi USD (USD), which is technically supported by Ethena.ether.fi stated that there are currently over 300 million dollars worth of stablecoin assets operating within its ecosystem, and the launch of USD will natively integrate the liquidity of these stablecoins into its upcoming products.

According to Scam Sniffer monitoring, a user suffered an address poisoning attack on Ethereum, resulting in a loss of 30,004 USDT.

Vitalik Buterin retweeted Nethermind's development progress and stated that Nethermind is continuously improving the efficiency and operating speed of Ethereum.Nethermind core developer Ben Adams mentioned that its Beacon Chain plugin has completed synchronization and is ready to handle the Glamsterdam fork on Sepolia; running the Ethereum execution layer and consensus layer as a single application does not seem to incur significant additional memory overhead.The Ethereum Foundation previously confirmed that Glamsterdam will be activated on Sepolia on October 6, and Nethermind 2.1.0 has supported this upgrade.

Core contributor of the Ethereum Economic Zone (EEZ) Eduardo Antuña posted on the X platform, stating that the Ethereum mainnet has successfully executed the first atomic cross-chain transaction from L1 to L2, marking the official implementation of atomic synchronous composability on the mainnet, no longer remaining in the theoretical stage.Eduardo Antuña pointed out that this is just the starting point for EEZ to promote cross-layer synchronous interaction and liquidity unification in Ethereum.

According to CoinDesk, Ethereum developers released version 7.2.1 of the Prysm client on Monday evening, embedding a 200 million Gas limit to complete deployment ahead of the Sepolia testnet testing for the Glamsterdam upgrade on Tuesday.Glamsterdam is the next major upgrade for Ethereum, which will first be activated on the Sepolia testnet, where developers rehearse changes using tokens with no actual value. Part of Tuesday's testing involves raising the Gas limit on Sepolia from approximately 60 million to 200 million.Gas is the unit that measures how much computational workload a single block can accommodate on Ethereum. A higher limit means the network can handle more transactions and more complex activities simultaneously, but it also places higher demands on the computers running Ethereum. Prysm is the client software used by Ethereum validators, and its previous version had completed before this setting was added to the Sepolia configuration. Therefore, validators running the old version will still produce blocks with a 60 million Gas limit unless they manually modify the parameters, which undermines the effectiveness of this capacity test.Validators running the latest version will automatically start proposing blocks with a 200 million Gas limit when Glamsterdam activates on Sepolia at 13:53:36 UTC on October 6. Ethereum has been gradually increasing block capacity to test how far it can go before running validators becomes too demanding or expensive. The 200 million setting is only applicable to Sepolia, and Glamsterdam has not yet been activated on the Ethereum mainnet.

According to SoSoValue data, yesterday (Eastern Time October 5) the total net inflow of Ethereum spot ETFs was $111 million.The Ethereum spot ETF with the highest net inflow yesterday was BlackRock ETF ETHA, with a net inflow of $130 million for the day, bringing ETHA's historical total net inflow to $13.4 billion. It is worth noting that ETHA will implement a 1:3 reverse stock split on October 6, meaning every 3 shares will be consolidated into 1 share, and the stock price will be adjusted to 3 times the original, while the total market value of holdings remains unchanged.The Ethereum spot ETF with the highest net outflow yesterday was Fidelity ETF FETH, with a net outflow of $18.8819 million, and FETH's historical total net inflow currently stands at $2.328 billion.As of the time of publication, the total net asset value of Ethereum spot ETFs is $17.69 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) reaching 5.34%, and the historical cumulative net inflow has reached $13.913 billion.

The Ethereum staking withdrawal queue has retreated from last week's peak. After MetaMask began withdrawing validators, the withdrawal queue once climbed to about 851,000 ETH, and is currently down to about 767,000 ETH. Previously, on September 29, the queue was only about 166,000 ETH, growing more than five times in just a few days, reaching about 2% of the total staked ETH of approximately 43.6 million.On September 30, MetaMask disclosed a security incident affecting some of its infrastructure and took the affected validators offline as a precaution. Its update on October 1 stated that the investigation found no signs of impact on wallets or customer funds. In addition to its wallet services, MetaMask also operates validators for the staking service provider Lido. Ethereum security researcher Kaden estimates that this precautionary withdrawal involves about 17,000 validators and approximately 523,000 ETH, although MetaMask has not confirmed this data.Lido expects that as the affected validators withdraw and their balances are extracted, these ETH will gradually be restaked, a process that may take about 45 days. During the downtime, the affected validators will miss out on rewards, and Lido stated that stETH holders do not need to take any action. Meanwhile, the demand for entering the staking queue has cooled, with about 1.5 million ETH waiting to enter, and the estimated waiting time is about 25 days.

According to on-chain analyst @ai_9684xtpa's monitoring, an ancient Ethereum whale with a cost of only $11.61 has reportedly sold after being silent for 6 months, with potential profits of about $36.21 million.2 hours ago, this address deposited 13,330 ETH into Coinbase, worth approximately $36.37 million, with the ETH price at $2,728.59 at the time of the deposit. If this deposit is used for selling, it is expected to yield a profit of about $36.21 million, with a return on investment as high as 23,402%.